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An update from Rightmove ( (GB:RMV) ) is now available.
Rightmove plc has continued its long-running capital management strategy by repurchasing 260,000 ordinary shares on 9 April 2026 at a volume-weighted average price of 434.355p, with the shares to be cancelled rather than held in treasury. The purchase, executed through UBS AG London Branch, represents 0.0343% of prior voting rights and reduces the number of ordinary shares in issue to 756,776,183, alongside 10,635,168 shares held in treasury, bringing total buy-backs since 2007 to more than 551.6 million shares and underscoring ongoing efforts to return cash to shareholders and support earnings per share.
The sustained reduction in share count through this programme highlights management’s confidence in the company’s long-term prospects and its commitment to shareholder returns. For investors, the incremental cancellation of shares can be accretive to per-share metrics and signals continued utilisation of balance-sheet capacity, albeit with only a marginal impact on overall voting rights from this specific transaction.
The most recent analyst rating on (GB:RMV) stock is a Hold with a £455.00 price target. To see the full list of analyst forecasts on Rightmove stock, see the GB:RMV Stock Forecast page.
Spark’s Take on RMV Stock
According to Spark, TipRanks’ AI Analyst, RMV is a Outperform.
The score is driven primarily by outstanding financial performance (high margins, strong free cash flow, low leverage) and a supportive earnings outlook with continued capital returns. These positives are tempered by weak technical trends (below key longer-term moving averages with negative MACD) and only moderate valuation support (P/E ~15.9, ~2.27% yield).
To see Spark’s full report on RMV stock, click here.
More about Rightmove
Rightmove plc is a U.K.-listed online property portal operator, providing digital platforms and advertising services for estate agents, lettings agents and new-home developers. The company focuses on the residential property market, offering search, marketing and data tools that connect homebuyers, renters and sellers with property professionals across the U.K.
Average Trading Volume: 4,645,672
Technical Sentiment Signal: Sell
Current Market Cap: £3.33B
For an in-depth examination of RMV stock, go to TipRanks’ Overview page.